The latest crop of college graduates is entering the labor force. And, as always, the graduates will do relatively well. The unemployment rate is persistently lower and earnings are persistently higher for those with a college degree than for those without one.
What the Job Market Looks Like for Today’s College Graduates
The good news: Most new grads will get a job.
May 09, 2019
Summary.
For new graduates, the state of the labor market has notable career implications beyond getting a first job. People who graduate into a strong labor market will earn more throughout their careers than those who graduate during a recession. And when recession eventually does hit, people with college degrees are more protected. So how does today’s entry-level labor market compare with the past? It looks solid, but there remain some causes for concern. Still, confidence among recent grads is high; they’re increasingly interested in pursuing fulfilling careers — not just financially lucrative ones. And they’re set up to succeed as automation and other technologies continue to disrupt the labor market.